EIN 26-4836002

Fab Academy

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Year formed
2009
Most recent tax filings
2023-12-01
Description
Formed in 2009 to facilitate and support the growth of the international fab lab network as well as the development of regional capacity-building organizations.
Also known as...
The Fab Foundation
Total revenues
$2,206,847
2023
Total expenses
$3,241,875
2023
Total assets
$1,634,179
2023
Num. employees
5
2023

Program areas at Fab Academy

The organization promotes digital fabrication by facilitating The development of community-based and educational Fab labs, The dissemination of best practices in digital fabrication throughout The Fab lab network, facilitation and dissemination of research and community-beneficial projects, The funding and facilitation of Fab lab and digital fabrication projects that benefit people and communities in exemplary ways, such as mobile Fab labs for emergency aid, or Fab labs for developing world contexts. These services include deploying, installing, training, and consulting for new Fab labs as well as programmatic support of established Fab labs. The organization works to gather and provide critical evaluation data as well as provide tools for tracking The impact of Fab labs in educational, business and social contexts. As part of its services, The organization provides a network function for The Fab lab community, bringing together Fab labs around The world either physically (for annual meetings and workshops) or virtually through online tools and resources. Additionally, as a resource to educational organizations, entrepreneurial organizations and The general public The organization has developed an online global map of Fab labs, makerspaces, and innovation spaces such that people or organizations that need access to these facilities can find them easily.
The organization brings digital fabrication tools and processes to people of all ages, teaching The skills and knowledge of digital fabrication, developing curriculum for formal and informal educational settings, as well as designing and offering professional development training programs for teachers, Fab lab managers and other professionals. The organization offers advanced technical education through The Fab Academy which provides instruction and supervises investigation of mechanisms, applications, and implications of digital fabrication and other technologies. The Fab Academy is a worldwide, distributed campus utilizing Fab labs as classrooms and libraries for a new kind of technical literacy. The organization also provides professional development and resources for k12 teachers and educators through its scopes-df website and research platform (scopesdf.org). This site shares resources and disseminates best educational practices for educators using digital fabrication to teach stem disciplines and skills.

Grants made by Fab Academy

GranteeGrant descriptionAmount
DonorsChoose orgSupport for Stem Education Activities$50,000
The Stem ConnectionFiscal Sponsorship$50,000
California State University Bakersfield FoundationAward for Equipment Upgrades Materials and Staffing$10,000
...and 2 more grants made

Who funds Fab Academy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Novo FoundationProject Support: Fab City$500,000
The Dassault Systemes Us FoundationFab-In-A-Box$80,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$50,000
...and 3 more grants received

Personnel at Fab Academy

NameTitleCompensation
Sherry LassiterPresident and Chief Executive Officer$55,500
Luciano BetoldiVice President and Chief Operating Officer$105,500
Chelsea LynnGeneral Manager
Rebecca OttingerGeneral Manager, Programs and Administration
Liz WhitewolfK - 12 Education Director
...and 8 more key personnel

Financials for Fab Academy

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,226,112
Program services$788,615
Investment income and dividends$27,846
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$164,274
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,206,847

Form 990s for Fab Academy

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-10990View PDF
2020-122021-11-04990View PDF
2019-122021-02-22990View PDF
2018-122020-01-14990View PDF
...and 6 more Form 990s
Data update history
October 21, 2024
Received grants
Identified 1 new grant, including a grant for $500,000 from Novo Foundation
September 25, 2024
Updated personnel
Identified 4 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $15,000 from Equity in the Arts Fund
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $500,000 from Novo Foundation
Nonprofit Types
Grantmaking organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Conducts researchOperates internationallyTax deductible donationsAccepts online donations
General information
Address
50 Milk St 16th Floor
Boston, MA 02109
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
fabfoundation.org/ 
Phone
(857) 333-7777
Facebook page
fabfndn 
Twitter profile
@fabfndn 
IRS details
EIN
26-4836002
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U40: Engineering and Technology Research, Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0181781
FTB Entity ID
3187038
AB 488 data last updated ("as-of") date
2024-12-31
Free account sign-up

Want updates when Fab Academy has new information, or want to find more organizations like Fab Academy?

Create free Cause IQ account